Investment Platforms

Finvasia takes funding for investment portal

Indian investment platform Finvasia has raised an undisclosed round of funding in its pre-launch phase. The investment comes from Indian VC Intrinsic and values the company at Rs150 crore ($22m).

EU mutual funds record-keeping platform IZNES closes its first funding round

IZNES, a blockchain record-keeping platform for EU mutual funds has secured an undisclosed strategic investment.

iCapital Network receives investment from BlackRock

Alternative investment solutions provider iCapital Network has received an undisclosed investment led by BlackRock.

23 FinTech investment rounds to make the news over the past seven days

Stripe's whooping $600m Series G expansion wasn't the only investment round completed by a FinTech company over the last week.

SparkLabs launched new $100m vehicle for blockchain, cryptocurrency

SparkLabs Group has launched a $100m vehicle focused on blockchain and cryptocurrency companies.

Bareksa sets its sights on Indonesia financial market

Indonesia-based FinTech company Bareksa, which provides an integrated e-investment platform, has secured Series C funding from Grab.Grab is a startup based in Southeast Asia...
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WealthForge looks for $2.5m through convertible note offering

Private fundraising technology provider WealthForge is planning to take on another $2.5m in capital through a convertible note offering.
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Trizic closes $10m Series A round led by Sorenson

Digital workflow and automation company Trizic has closed a $10m Series A venture round led by Sorenson Ventures.
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ID Finance, Da Vinci Capital launch $200m FinTech fund

Da Vinci Capital has teamed former Elbrus Capital fund manager Yuri Popov and ID Finance to launch a $200m FinTech-focused debt finance fund.

Franc has raised $300,000 so far in its seed funding round

South African FinTech Franc has so far raised $300,000 in an ongoing seed funding round to fund its efforts to simplify the world of investment.

News Stories

Validata and Temenos enhance bank reconciliation with extended technology partnership

Validata and Temenos enhance bank reconciliation with extended technology partnership

Validata, a leading provider in AI-driven reconciliation and data management tools, has partnered with Temenos, a banking software developer. 

Corpay boosts market presence with strategic Paymerang acquisition

Corpay, which offers corporate payments, has officially announced its intent to acquire Paymerang, a top provider of accounts payable automation solutions.
Canadian sustainable fixed income funds excel in early 2024

Canadian sustainable fixed income funds excel in early 2024

Canadian sustainable fixed income funds have made a robust start to the year, with the Morningstar Canada Sustainable Fund Landscape for Q1 2024 reporting an impressive $193.3m in inflows.
Pomelo and Thunes innovate cross-border finance with new digital wallet solution

Pomelo and Thunes innovate cross-border finance with new digital wallet solution

Bloomberg today unveiled a groundbreaking tool on the Bloomberg Terminal that enables investors to scrutinize portfolios, funds, and indices through sustainability thresholds tailored by the users themselves.
“The top 10 banks for AI talent currently account for 51% of the overall banking industry talent pool—a huge advantage when it comes to AI adoption. This concentration of AI talent has real consequences. If the banks that lag behind cannot close the gap, the race to implement AI will become an uphill struggle.”

US banks are surpassing European counterparts in AI talent growth

In the past six months, the world's foremost banks have expanded their AI talent by 9%, a rate that doubles their overall headcount growth, according to a survey from Evident.

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